‘Overbroad and irrelevant’ – Coinbase user’s IRS battle ends in dismissal
Cryptocurrency investor Roger Metz's legal challenge to block an IRS summons for his financial records was dismissed by a U.S. court. The IRS sought extensive data—including account details, transaction logs, and private communications—from his Coinbase account, dating back years, during an audit of his 2022 tax return. Metz argued the request was "overbroad and irrelevant" and violated his privacy. However, the court dismissed the case on procedural grounds, noting Metz failed to notify required government entities within the mandated 90-day period. While the IRS maintains strict crypto reporting rules, it has eased some requirements for the 2025-2026 tax period.
ambcrypto03/20 03:58
